PENSIONS

The decision of the Latvian government to reduce their pension contributions by 40% does not bode well. Pensioners are already the lowest of the low in payment terms. There are so many other things they could do to save money first. I wonder if they really have a clue?

I note in Dienas Business that Oberhouse Estonia are talking up the housing market in the Baltics. They are clearly not looking at the same figures that I am. Rental prices are dropping rapidly. Mind after a few phone calls to owners, customer service has not improved yet.